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B

Barnes Group NYSE:B Stock Report

Last Price

US$33.66

Market Cap

US$1.7b

7D

2.8%

1Y

-35.8%

Updated

15 May, 2022

Data

Company Financials +
B fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends5/6

B Stock Overview

Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally.

Barnes Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Barnes Group
Historical stock prices
Current Share PriceUS$33.66
52 Week HighUS$56.98
52 Week LowUS$31.08
Beta1.16
1 Month Change-6.34%
3 Month Change-27.11%
1 Year Change-35.85%
3 Year Change-39.07%
5 Year Change-38.22%
Change since IPO581.72%

Recent News & Updates

May 12

Barnes Group: Dividend Trends By The Numbers

Barnes Group shares continue to make lower lows due to strong headwinds in the Industrial segment. Earnings and sales projections continue to be dialed down. We look at how these trends have been affecting the company's dividend.

May 09
Barnes Group's (NYSE:B) Dividend Will Be US$0.16

Barnes Group's (NYSE:B) Dividend Will Be US$0.16

Barnes Group Inc.'s ( NYSE:B ) investors are due to receive a payment of US$0.16 per share on 10th of June. This means...

Shareholder Returns

BUS MachineryUS Market
7D2.8%-2.4%-2.5%
1Y-35.8%-18.2%-10.4%

Return vs Industry: B underperformed the US Machinery industry which returned -18.2% over the past year.

Return vs Market: B underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is B's price volatile compared to industry and market?
B volatility
B Average Weekly Movement5.0%
Machinery Industry Average Movement5.6%
Market Average Movement7.8%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: B is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18575,100Julie Streichhttps://www.barnesgroupinc.com

Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. It operates in two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as mobility, industrial equipment, automation, personal care, packaging, electronics, and medical devices.

Barnes Group Fundamentals Summary

How do Barnes Group's earnings and revenue compare to its market cap?
B fundamental statistics
Market CapUS$1.71b
Earnings (TTM)US$100.98m
Revenue (TTM)US$1.27b

16.9x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
B income statement (TTM)
RevenueUS$1.27b
Cost of RevenueUS$816.34m
Gross ProfitUS$453.26m
Other ExpensesUS$352.28m
EarningsUS$100.98m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.99
Gross Margin35.70%
Net Profit Margin7.95%
Debt/Equity Ratio41.1%

How did B perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

32%

Payout Ratio

Does B pay a reliable dividends?

See B dividend history and benchmarks
When do you need to buy B by to receive an upcoming dividend?
Barnes Group dividend dates
Ex Dividend DateMay 25 2022
Dividend Pay DateJun 10 2022
Days until Ex dividend9 days
Days until Dividend pay date25 days

Does B pay a reliable dividends?

See B dividend history and benchmarks

Valuation

Is Barnes Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


37.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: B ($33.66) is trading below our estimate of fair value ($54.12)

Significantly Below Fair Value: B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: B is good value based on its PE Ratio (16.9x) compared to the US Machinery industry average (21.5x).

PE vs Market: B is poor value based on its PE Ratio (16.9x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: B is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: B is good value based on its PB Ratio (1.2x) compared to the US Machinery industry average (2.2x).


Future Growth

How is Barnes Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: B's forecast earnings growth (17% per year) is above the savings rate (1.9%).

Earnings vs Market: B's earnings (17% per year) are forecast to grow faster than the US market (12.6% per year).

High Growth Earnings: B's earnings are forecast to grow, but not significantly.

Revenue vs Market: B's revenue (7.6% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: B's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: B's Return on Equity is forecast to be low in 3 years time (8.9%).


Past Performance

How has Barnes Group performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-6.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: B has high quality earnings.

Growing Profit Margin: B's current net profit margins (8%) are higher than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: B's earnings have declined by 6.9% per year over the past 5 years.

Accelerating Growth: B's earnings growth over the past year (90.4%) exceeds its 5-year average (-6.9% per year).

Earnings vs Industry: B earnings growth over the past year (90.4%) exceeded the Machinery industry 29.3%.


Return on Equity

High ROE: B's Return on Equity (7%) is considered low.


Financial Health

How is Barnes Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: B's short term assets ($686.5M) exceed its short term liabilities ($282.3M).

Long Term Liabilities: B's short term assets ($686.5M) do not cover its long term liabilities ($832.0M).


Debt to Equity History and Analysis

Debt Level: B's net debt to equity ratio (35.8%) is considered satisfactory.

Reducing Debt: B's debt to equity ratio has increased from 41% to 41.1% over the past 5 years.

Debt Coverage: B's debt is well covered by operating cash flow (20.8%).

Interest Coverage: B's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet


Dividend

What is Barnes Group current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.90%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 16 2022Ex Dividend DateMay 25 2022Dividend Pay DateJun 10 202216 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: B's dividend (1.9%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: B's dividend (1.9%) is low compared to the top 25% of dividend payers in the US market (4.05%).


Stability and Growth of Payments

Stable Dividend: B's dividends per share have been stable in the past 10 years.

Growing Dividend: B's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.3%), B's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (36.4%), B's dividend payments are well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.7yrs

Average management tenure


CEO

Julie Streich (50 yo)

1

Tenure

US$1,823,823

Compensation

Ms. Julie K. Streich serves as Senior Vice President of Finance and Chief Financial Officer at Barnes Group Inc. since May 3, 2021 and since March 8, 2022 serves as its Interim Chief Executive Officer. Pri...


CEO Compensation Analysis

Compensation vs Market: Julie's total compensation ($USD1.82M) is below average for companies of similar size in the US market ($USD5.45M).

Compensation vs Earnings: Insufficient data to compare Julie's compensation with company performance.


Leadership Team

Experienced Management: B's management team is seasoned and experienced (7.7 years average tenure).


Board Members

Experienced Board: B's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: B insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Barnes Group Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Barnes Group Inc.
  • Ticker: B
  • Exchange: NYSE
  • Founded: 1857
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: US$1.707b
  • Shares outstanding: 50.70m
  • Website: https://www.barnesgroupinc.com

Number of Employees


Location

  • Barnes Group Inc.
  • 123 Main Street
  • Bristol
  • Connecticut
  • 06010-6376
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.